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If oil prices increase, then in the short run, real GDP will --------------------and the price level will--------------------
.
Interest Rate
The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage.
Investment
The allocation of resources, typically money, into assets with the expectation of generating income or profit in the future.
Machinery
Equipment with moving parts used to perform any type of work, often found in industrial or agricultural settings.
Equipment
Tangible property used in the operation of a business but not consumed or sold during the business cycle.
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